Problem 1
Give an example of each of the following terms a. franchise b. cooperative c. nonprofit organization
Problem 1
Explain the relationship between the terms in each of these groups. a. stock bond b. public company private company c. merger conglomerate
Problem 2
What are the main advantages of a sole proprietorship?
Problem 2
What are the main advantages of a franchise?
Problem 2
What are the main advantages of a partnership?
Problem 3
What are the main disadvantages of a partnership?
Problem 3
What are the main disadvantages of a corporation?
Problem 3
What are the main disadvantages of a sole proprietorship?
Problem 4
How do corporations raise money?
Problem 4
In what ways do the increased resources of a partnership help a business?